Coralus collectively practices different ways of doing things for a better now and a new inheritance. Members offer and access resources at their own pace, creating a self-regenerating, pay-it-forward pool of skills, connections, funds, and support then used to advance ventures and the collective doing world changing work.
Coralus has circulated nearly $19M to 190+ women- and non-binary-led ventures by distributing capital via collective decision-making. 45% of those founders are from chronically excluded racial and ethnic groups. The payback rate on its unsecured 0% interest loans is 95%. Founded in Canada in 2015, Coralus' current footprint includes the US, Australia, New Zealand, and the UK.
